A pair of Singapore consolidations lead today’s review of real estate news from around Asia, as a CapitaLand-managed REIT completes its purchase of the remaining stake in the CapitaSpring tower and Frasers Property buys the remaining units in a suburban… Read More>>
Singapore Trims Housing Pipeline as Market Cools and More Asia Real Estate Headlines
The Singapore government cuts back on its residential land sales programme, with that policy move leading today’s headline roundup. Also in the news, Malaysia’s IOI Properties plans an SGX-listed REIT and China’s COSCO joins the consortium to buy Li Ka-shing’s… Read More>>
CDL Selling 50.1% Stake in $2.1B Singapore Complex to JV Partner IOI Properties
SGX-listed City Developments Ltd has agreed to sell its 50.1 percent interest in a central Singapore mixed-use complex to its joint venture partner, Malaysia’s IOI Properties Group, in a deal valuing the asset at S$2.75 billion ($2.1 billion).
CDL is… Read More>>
Singapore to Make Ong Beng Seng Decision Soon and More Asia Real Estate Headlines
Singapore law enforcement officials are nearing a decision on the fate of property tycoon Ong Beng Seng, with that story leading Mingtiandi’s headline roundup. Also making the list, BlackRock says it will refrain for the time being from further real… Read More>>
Clementi Residential Site Tender Launched in Singapore and More Asia Real Estate Headlines
Singapore land sales lead this edition of Mingtiandi’s headline roundup, with the government launching a tender for a residential site in the city-state’s western region. Also in the news, China Evergrande’s embattled founder is said to be detained in Shenzhen… Read More>>
Hong Kong Home Price Decline Accelerated in July and More Asia Real Estate Headlines
Hong Kong’s housing market woes lead this edition of Mingtiandi’s headline roundup, as private home prices fall for a third straight month and at a quickened pace. In other news, China Resources Land reports a steep profit drop and Malaysia’s… Read More>>
House on Hong Kong’s Shouson Hill Sold for $92M and More Asia Real Estate Headlines
A luxury residential home on Hong Kong’s Shouson Hill sells for $92 million, with that story leading Mingtiandi’s headline roundup today. A Singapore house also makes the news as its sale sets a new benchmark in the good-class bungalow market,… Read More>>
IOI Properties Taps Former Frasers Executive Lorraine Shiow to Lead Singapore Business
Malaysia’s IOI Properties Group is strengthening its Singapore commitment with the hiring of Lorraine Shiow as the developer’s chief executive in the Lion City.
Shiow’s appointment to the newly created position will support long-term plans for continued expansion of the… Read More>>
Asia Real Estate People in the News 2024-05-20
A pair of senior level moves in India lead Mingtiandi’s roundup of Asia personnel moves this week with a top developer saying goodbye to its chief executive and CapitaLand’s India REIT promoting from within. Also making the list is a… Read More>>
Asia Real Estate People in the News 2024-04-06
New leadership at one of Singapore’s troubled REITS of US office properties leads this week’s roundup of personnel moves from around the region. Also making the list is a new asset management boss for one of the most active office… Read More>>